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Two-Unit Duplex

1649 E 49th Street, Los Angeles, CA 90011

For Sale
$599,000

Los Angeles, CA

Property Size1,866 SF
Lot Size0.12 Acres
Price / SF$321.01
Days on Market15

Property Features for 1649 E 49th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Laundry Room, Bedroom 2, Bedroom 4, Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 3, Bathroom 2, Bedroom 5
Lot features 2-5 Units/ Acre
Elementary school district Los Angeles Unified
Middle school district Los Angeles Unified
High school district Los Angeles Unified
Directions Compton & Long Beach
Subdivision C34 - Los Angeles Southwest
Standard status Active
APN 5106020031
Size 1,866 SF
Lot size 0.12 Acres

Utilities

Sewer type Public Sewer
Heating system Wall Furnace
Water source Public

Building Details

Year built 1913
Floors in Building 2
Number of units 2
Listing Agency: Century 21 Allstars · Century 21 Real Estate
Listed By: George Gusman · License CA #01112083
Added: Oct 26 Changed: Nov 9 Last Checked: Nov 9 at 6:06PM
MLS# DW26231895

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This duplex contains two residential units totaling 1,866 square feet. The recorded configurations are three bedrooms in one unit and two in the other. Built in 1913, the property has wall-furnace heating and includes a laundry room. It is being sold in its current condition, with upgrading needed.

The 0.1212-acre parcel is in Los Angeles and is served by public water and public sewer. The stated unit configurations and existing building condition provide a clear outline of the property’s present setup.

Key Highlights

  • Two units: one with 3 bedrooms and one with 2 bedrooms, per title records
  • 1,866 square feet of building area
  • 0.1212‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,587
Cap Rate
5.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$651,740 $651.7K
Cap Rate 7%
$465,529 $465.5K
Cap Rate 9%
$362,078 $362.1K
Market Conditions
NOI Build-Up for 1,866 SF
Gross rent
$50.4K $27.00/SF
− Vacancy
−$3.8K −$2.05/SF
EGI
$46.6K $24.95/SF
− OpEx
−$14.0K −$7.48/SF
NOI
$32.6K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$651,740
Cap Rate 7%
$465,529
Cap Rate 9%
$362,078

Alternative Uses

Best Use
Multifamily LT 5
$465.5K
$407.3K – $543.1K (±1% cap)
NOI $32,587 @ 7.0% cap · market cap 5.44%
Second Best
Apartment 5plus
$428.9K
$375.3K – $500.4K (±1% cap)
NOI $30,025 @ 7.0% cap · market cap 5.01%
Theoretical Best
Office A
$760.3K
$665.2K – $887.0K (±1% cap)
NOI $53,219 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,255
Businesses Nearby

Demographics for 90011, CA

102,308
Population
25,119
Households
4.1
Avg Household Size
30
Median Age
6%
College-Educated
43%
High-School Grad
4.3 sq mi
ZIP Area
23,793
Density / Sq Mi
$53,781
Median Household Income
$27,889
Median Earnings
$1,497
Median Rent
$575,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Los Angeles, CA

$505 Jul
$513 Aug
$528 Sep
$521 Oct

Properties on Market for Duplexes in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residences offer a three-bedroom and a two-bedroom configuration, with public water and sewer service.
Where is this duplex located?
The property is located at 1649 E 49th Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two units: one with 3 bedrooms and one with 2 bedrooms, per title records; 1,866 square feet of building area; 0.1212‑acre lot
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